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HICKSVILLE, NY--(Marketwire - February 10, 2009) - American Defense Systems, Inc. (ADSI) (
The event will feature over 40 undiscovered public and private companies and is being hosted by Nortia Capital Partners in partnership with Stocknewsnow.com and Undiscovered Equities. The conference provides ADSI a unique opportunity to present and network with more than 500 investors, investment bankers and fund managers.
ADSI's vice president of marketing and investor relations, Roger Ward, is scheduled to present on February 16. He will provide a company update, including the recent selection by Caterpillar as a Tier 1 supplier for a major Army rebuild contract and the award of a contract to provide physical hardening solutions to a large U.S. Military installation valued at $6.2 million. He will also discuss the company's financial outlook, including an estimated 26% revenue increase to more than $52 million in 2009 (which the company issued and is only effective on December 29, 2008).
"We are delighted to have exciting companies like ADSI present at this important event," said Ross DiMaggio, CEO of Nortia Investment Events. "This event is anticipated to be well attended by individual and institutional investors from around the world."
The conference brochure can be downloaded at [ www.smallcapconferences.com ] or [ www.nortiacapital.com ]. For more information, please visit the website at [ http://www.nortiacapital.com ] or call Ross DiMaggio at 609-882-8484.
About Nortia Investment Events
Nortia Investment Events host elite events where members of the financial community, including a portfolio managers, analysts, fund managers, brokers, investment bankers, and individual investors, rub shoulders with select senior management of publicly-held and privately-held companies at formal presentations; over breakfast, lunch, special cocktail receptions and throughout the conference; and at special panel discussions and speeches.
About American Defense Systems, Inc.
American Defense Systems, Inc. offers advanced solutions in the design, fabrication, and installation of transparent and opaque armor, security doors, windows and curtain wall systems for use by military, law enforcement, homeland defense and corporate customers. ADSI engineers also specialize in developing innovative, functional and aesthetically pleasing security applications for the mobile and fixed infrastructure physical security industry. For more information, visit the ADSI corporate Web site at [ www.adsiarmor.com ].
Some of the statements made by American Defense Systems, Inc. ("ADSI") in this press release, including, without limitation, statements regarding ADSI's anticipated future growth, are forward-looking in nature. ADSI intends that any forward-looking statements shall be covered by the safe harbor provisions for such statements contained in the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "should," "expects," "anticipates," "intends," "plans," "believes," "estimates," "predicts," "potential," "forecasts," "continues" and similar expressions are forward-looking statements. ADSI cautions you that forward-looking statements are not guarantees of performance. ADSI undertakes no obligation and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements involve known and unknown risks and uncertainties that may cause ADSI's actual future results to differ materially from those projected or contemplated in the forward-looking statements. ADSI believes that these risks include, but are not limited to: ADSI's reliance on the U.S. government for a substantial amount of its sales and growth; decreases in U.S. government defense spending; ADSI's ability to contract further with the U.S. Department of Defense; ADSI's ability to comply with complex procurement laws and regulations; competition and other risks associated with the U.S. government bidding process; changes in the U.S. government's procurement practices; ADSI's ability to obtain and maintain required security clearances; ADSI's ability to realize the full amount of revenues reflected in its backlog; ADSI's reliance on certain suppliers; and intense competition and other risks associated with the defense industry in general and the security-related defense sector in particular.
Further, Caterpillar has not placed any orders to date with ADSI relating to the aforementioned rebuild contract with the Army and Caterpillar is not obligated to place any such orders.
Additional information concerning these and other important risk factors can be found under the heading "Risk Factors" in ADSI's filings with the Securities and Exchange Commission, including, without limitation, its most recent registration statement on Form 10. Statements in this press release should be evaluated in light of these important factors.